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Global Leader in Mobile Content ‘Sets Site’ on US Market reaches record milestone with more than 500,000,000
downloads, the primary destination for free user generated mobile
content, revealed today its goal of extending its global market
leadership to the United States.

Zedge ( has become the
first mobile social community to surpass the formidable half billion
download mark by its members, a coveted milestone declared this month.

Its 10.4 million registered members have now collectively downloaded
more than half a billion lifestyle and entertainment pieces of content
for the customization of their mobile phones. As the market leader in
216 countries, the site also showcases the highest monthly number of
page views in the business, tallying over 330,000,000 on both Web and
mobile devices.

Founded in 2003 by Norwegian visionary, Tom Arnoy, Zedge has pioneered
the birth of an industry: the fusion of online and mobile communities
seeking lifestyle enhancing content that impacts their personal
expression and daily experience.

What YouTube is to Video, and Google is to
Search, Zedge is to Mobile Content, noted
Arnoy. Frankly, I think youre
going to see us hit the billion download mark in the very near future,
he added.

Among one of the fastest growing websites on the Internet, Zedge has
grown by over 6.5 million members during the past year alone. Ranked
#395 out of all websites worldwide (reference Amazon’s, it
has established vibrant communities in countries ranging from the United
States to the UK, Mexico to Malaysia, and India to China.

Its core membership spans in age from 16 to 25 and has experienced a
robust influx of young male and female users between the ages of 16 and

We’ve been the best kept secret in the States
so far, and now with our strategic alliances, targeted user outreach
and, most importantly, the continued positive word-of-mouth, we see
Zedge becoming the household brand name in America’s rapidly growing
mobile community, commented Morris Berger,
Zedge Chairman and Chief Executive Officer.

Zedge offers the highest quantity of mobile entertainment media of its
kind, housing more than 1.5 million pieces of user generated content.
Downloadable features include ringtones, videos, images, wallpaper,
themes, and games. Members are further provided the opportunity to
establish their own personal profiles and to interact through a
sophisticated social networking environment.

The Zedge social mobile community has been built exclusively via
organic, self-generated content uploaded and shared by its members. The
sites popularity has now led to demands from
corporations, prominent music artists and athletes to present original
complimentary content to the Zedge community.

From Day 1 we have recognized that mobile
and online users most value access to premier quality content that can
be incorporated into their daily lives. But the killer application is to
empower them with no strings or fees attached. Free
Your Phone
is what were
all about at Zedge, stated Berger.

About Zedge:

Zedge was founded in 2003 in Norway and acquired by IDT Corporation in
December 2006. With more than ten million members around the world,
Zedge continues to grow exponentially, averaging 20,000 new members
daily, a content library of more than 1.5 million items, and users in
216 countries downloading, creating and uploading a variety of mobile
entertainment content, including ringtones, videos, wallpapers, games
and themes.

About IDT Corporation:

(NYSE: IDT, IDT.C) is an innovative and opportunity
seeking multinational holding company with operations that span several

In this press release, all statements that are not purely about
historical facts, including, but not limited to, those with the words believe,anticipate,expect,plan,intend,estimate,target
and similar expressions, are forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. All
forward-looking statements and risk factors included in this document
are made as of the date hereof, based on information available to IDT as
of the date thereof, and IDT assumes no obligation to update any
forward-looking statements or risk factors. / IDT Corporation
Steven M. Feuerstein, 973-343-4314
Director of Corporate Communications